[Congressional Record Volume 167, Number 207 (Wednesday, December 1, 2021)]
[House]
[Pages H6837-H6838]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFLATION IS TAXATION
(Mr. CARL asked and was given permission to address the House for 1
minute.)
Mr. CARL. Madam Speaker, I stand here representing families all
across this country who are struggling with rising costs of virtually
everything, from gas to groceries. And there doesn't seem to be an end
in sight.
Inflation is taxation, and it has increased every single month since
Joe Biden has been President. Last month marked a 30-year record high
in inflation.
Even worse, real wages have decreased under Biden almost every month
since he has been in office.
So what is causing this inflation? President Biden and his allies in
Congress are continuing to borrow trillions and trillions of dollars to
pay for a massive Big Government expansion. It
[[Page H6838]]
is unsustainable, and we cannot afford it.
It is past time we get this runaway spending under control. As I have
said countless times, Washington has a spending problem, not a revenue
problem.
The American people deserve better than this. It is time that we put
them first and get our economy back on track.
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